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Italy May preliminary CPI (HICP) +1.9% vs +1.9% y/y expected

Germany April retail sales -1.1% vs 0.2% m/m expected

Spain May Flash CPI (HICP) Y/Y +1.9% vs +2.0% expected

Switzerland May KOF leading indicator index 98.5 vs 98.4 expected

China expected to announce ‘major financial polices’ on June 18 and 19, 2025

US plan for Gaza ceasefire to be guaranteed by Trump

US plans to ramp up weapons sales to Taiwan – exceeding Trump’s first term

ForexLive Asia-Pacific FX news wrap: Bessent says US-China talks stalled

Japan economy minister Akazawa: Will take appropriate actions re tariffs

Australian April 2025 retail sales -0.1% m/m (expected +0.3%)

Australian April building permits -5.7% m/m (expected +3.1%)

AUD a little lower – poor retail sales cited (there’s a but, though)